Either a rebound or a breakout imminent on FTSE China A50 Index

FTSE China A50 Index is heading towards the resistance line of a Canal ascendente. If this movement continues, the price of FTSE China A50 Index could test 15801.1700 within the next 10 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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